MoneySmart website is run by the Australian
Securities and Investments Commission (ASIC) to help
people make the most of their money.
Who is MoneySmart for?
ASIC's MoneySmart website is for all Australians - young or old,
rich or poor, investing or paying off debt.
We offer free, independent guidance so you can make the
most of your money. We are not selling you anything.
And when life puts your finances under stress, ASIC's MoneySmart
is here to help you ride the storm. We have smart tips on
dealing with the ups and downs of life: losing your
job, having a baby, divorce or separation, buying a
home, losing your partner and many
We even have a whole section of MoneySmart just for teachers.
Have a look at MoneySmart Teaching.
Since July 2008, ASIC has been the government agency with
overall responsibility for financial literacy. The
MoneySmart website is one of the key initiatives in the National Financial
Video: Improving Australians' Financial Capabilities
Video about ASIC's MoneySmart
A summary of ASIC's work under the National Financial Literacy
Strategy in 2015-16.
The video showcases the collective impact of financial
literacy initiatives delivered by ASIC and National Strategy
ASIC's MoneySmart team
ASIC's MoneySmart is put together by an experienced team
of financial planners, consumer educators and teachers.
Some team members have been involved in financial services for
over 20 years. We have seen where things can go wrong and can help
you avoid potential disasters.
We see things from your point of view. Our team includes young
guns under the age of 30 and old hands over 50. We have first home
buyers, parents with young kids, experienced DIY investors and
people who are successfully planning their retirement.
We add to our knowledge by consulting a wide range of
external experts in industry, government and the community. We also
use consumer research to guide our information.
How we work
ASIC's MoneySmart website helps ordinary Australians
take steps to improve their personal finances. We provide you with
independent information so you can be better informed in making
decisions. We help you take action on matters that will make a
difference to your life. However, you should consider
getting financial advice before you make major
We regularly review and update our content and invite you to
give us feedback.
Social media and newsletters
Keep up to date with the latest smart money tips by:
ASIC's MoneySmart has a section of the website just for
teachers and parents. MoneySmart Teaching is a comprehensive
strategy to develop consumer and financial literacy capabilities
in young Australians.
Being MoneySmart is a core life skill. In a rapidly
changing world of personal finances, children and young people need
knowledge and understanding to establish good consumer and
financial habits. Find out more about MoneySmart
The teaching section of MoneySmart contains:
development - Workshops, online learning and resources to
build teacher capability
resources - Units of work and digital activities aligned
to the Australian Curriculum
- MoneySmart Schools - A program
to recognise and support schools who are implementing consumer and
ASIC has been active in financial literacy for many years.
ASIC's previous consumer websites were FIDO and Understanding
FIDO was a great source of financial information for almost a
decade. Understanding Money was an innovative website with simple
steps and basic calculators to help people sort out their money.
These websites were replaced by MoneySmart in March 2011.
MoneySmart combines the best of these two websites and we've added
Here are some achievements of ASIC's MoneySmart website since we
went live in 2011.
- 2017 Interactive Media Awards: 'Best in class'
award (Financial Services category) for Australia's
interest-only mortgages infographic.
- 2016 GOV Design Awards: Gold winner (Digital
Experience - Website category) for Women's money toolkit.
- 2016 GOV Design Awards: Gold winner (Digital -
Fintech category) for ASIC's MoneySmart
- 2016 Interactive Media Awards: 'Best in class'
award (Financial information, Government and 'Automobile
categories) for ASIC's MoneySmart Cars app.
- 2015 App design Awards: Silver medals (FinTech
and Government services categories) for TrackMyGOALS app.
- 2013 Australian Mobile Awards: Government
services award for TrackMySPEND app.
- 2013 Interactive Advertising Bureau Award:
'Organic search marketing' winner for ASIC's MoneySmart website.
- 2012 Web Marketing Association's Web Awards:
'Outstanding achievement in web development' award for ASIC's MoneySmart
- 2012 Interactive Media Awards: 'Best in class'
award (Government and Financial information categories) for ASIC's MoneySmart
- 2012 Excellence in eGovernment Awards: ASIC's MoneySmart named
'Best service delivery website'.
- 2011 Australian Web Awards: ASIC's MoneySmart named
'Best Government Website'.
ASIC's regulatory role
ASIC is the corporate, markets and financial services and
consumer credit regulator. For more information about ASIC's role
as a regulator, go to the ASIC website.
ASIC's regulatory role includes helping consumers and investors
protect themselves against unfair or illegal conduct in
financial services and consumer credit. Visit our how
to complain webpage for information on banking,
credit or investment complaints.
Last updated: 16 Oct 2018